₵127 Million Contract Awarded to Unlicensed Company, Who Approved This? – Kwaku Azar Asks
News Hub Creator11h
Kwaku Azar has raised serious concerns about the Electricity Company of Ghana’s (ECG) mismanagement, questioning whether those responsible will ever be held accountable.
In a detailed breakdown of the findings, he exposed how ECG failed to clear containers at the port, racking up an avoidable bill of ₵909 million.
“Negligence cost us big!” he wrote, stressing that ECG’s poor management—not a lack of money—led to this financial disaster. Shockingly, ECG also over-procured, exceeding their planned budget by 790% in 2023 and 487% in 2024.
To make matters worse, contracts were awarded without fair bidding. A ₵127 million clearing contract was given to a company that was not even licensed for the job. Azar revealed that ECG couldn’t account for 1,346 containers worth nearly $489 million, many containing critical power equipment.
“They claimed no money, but paid ₵30 million upfront to one clearing agent,” he added, highlighting the contradictions in ECG’s explanations.
Despite being a government-owned entity, ECG also breached procurement laws. They ignored public notice requirements, structured contracts to avoid oversight, and failed to justify single-source contracts.
Azar ended his post with a crucial question: “Should those responsible be held accountable? Or should we ‘fa ma name’ and leave it to the good man above?”
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